Boston Beer (SAM) Operating Expenses (2010 - 2026)
Boston Beer's (SAM) quarterly Operating Expenses came in at $215.6 million in Q2 2026, up 2.45% YoY from $210.4 million in Q2 2025, and down 46.69% on a QoQ basis from $404.4 million in Q1 2026.
Boston Beer (SAM) Operating Expenses (2010 - 2026) Analysis & Trends
Boston Beer (SAM) has 17 years of Operating Expenses data on file, last reported at $215.6 million in Q2 2026.
- Quarterly Operating Expenses rose 2.45% year-over-year to $215.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.0 billion (up 21.81% YoY) and the FY2025 annual result came in at $807.7 million, down 1.23% from the prior year.
- Operating Expenses retreated to $215.6 million in Q2 2026, from $404.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $404.4 million in Q1 2026 to a low of $169.6 million in Q2 2023.
- A 5-year average of $209.4 million and a median of $198.2 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses retreated 11.71% — and 2026, when it surged 118.03%.
- Tracing SAM's Operating Expenses over 5 years: stood at $182.3 million in 2022, then decreased by 4.66% to $173.8 million in 2023, then rose by 24.68% to $216.7 million in 2024, then declined by 7.39% to $200.7 million in 2025, then rose by 7.43% to $215.6 million in 2026.
- The last three Operating Expenses figures came in at $215.6 million (Q2 2026), $404.4 million (Q1 2026), and $200.7 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 2,224.41 Bn | 1,851.39 Bn | 252.83 Bn | -49.29 Bn |
| 2 | Constellation Brands | 23.10 Bn | 23.00 Bn | 1.32 Bn | 457.00 Mn |
| 3 | Molson Coors Beverage | 8.00 Bn | 5.87 Bn | 1.06 Bn | 718.50 Mn |
| 4 | Boston Beer | 1.97 Bn | 1.71 Bn | 286.37 Mn | 215.60 Mn |
| 5 | Ambev | 624,799.98 | -3.50 Bn | 2.29 Bn | -749.91 Mn |
| 6 | Anheuser-Busch InBev | 157,405.59 | -7.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 215.60 Mn |
| Mar 28, 2026 | 404.42 Mn |
| Dec 27, 2025 | 200.70 Mn |
| Sep 27, 2025 | 211.07 Mn |
| Jun 28, 2025 | 210.45 Mn |
| Mar 29, 2025 | 185.49 Mn |
| Dec 28, 2024 | 216.71 Mn |
| Sep 28, 2024 | 234.41 Mn |
| Jun 29, 2024 | 195.64 Mn |
| Mar 30, 2024 | 170.99 Mn |
| Dec 30, 2023 | 173.82 Mn |
| Sep 30, 2023 | 213.15 Mn |
| Jul 1, 2023 | 195.79 Mn |
| Apr 1, 2023 | 169.61 Mn |
| Dec 31, 2022 | 182.32 Mn |
| Sep 24, 2022 | 219.38 Mn |
| Jun 25, 2022 | 194.39 Mn |
| Mar 26, 2022 | 175.11 Mn |
| Dec 25, 2021 | 172.71 Mn |
| Sep 25, 2021 | 248.47 Mn |